APL Federal Credit Union in Maryland vs the state
8.8%Denial rate-9.98 pts vs state
10.5%Decision denial rate-13.66 pts vs state
75.5%Origination rate+19.78 pts vs state
7.50%Median rate+0.88 pts vs state
0.24Rate spread (pts)-0.01 pts vs state
$155kMedian applicant income
308Loans originated
36Denied
Trend in Maryland
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 393 | 295 | 13.5% | 8.00% | #93 |
| 2024 | 313 | 263 | 4.2% | 8.50% | #112 |
| 2025 | 408 | 308 | 8.8% | 7.50% | #105 |
What APL Federal Credit Union lends in Maryland
By loan purpose
By loan type
Why it denied Maryland applicants
Where in Maryland
Counties with the most APL Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Howard County | 155 | 147 | 4 | 2.6% |
| Carroll County | 44 | 44 | 0 | 0.0% |
| Anne Arundel County | 28 | 28 | 0 | 0.0% |
| Baltimore County | 26 | 23 | 0 | 0.0% |
| Montgomery County | 23 | 20 | 0 | 0.0% |
| Frederick County | 17 | 17 | 0 | 0.0% |
| Prince George's County | 10 | 7 | 2 | 20.0% |
| Baltimore city | 6 | 5 | 0 | 0.0% |
| Queen Anne's County | 3 | 3 | 0 | 0.0% |
| Washington County | 2 | 2 | 0 | 0.0% |
Other large lenders in Maryland
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 12,806 | 16.8% | 6.63% |
| Navy Federal Credit Union | D | 11,436 | 23.0% | 8.00% |
| United Shore Financial Services | B | 9,307 | 16.0% | 6.13% |
| Truist Bank | C | 6,559 | 34.9% | 6.49% |
| Bank of America | F | 6,051 | 35.8% | 6.24% |
| Newrez | D | 5,739 | 21.0% | 6.63% |
| State Employees Credit Union of Maryland | D | 5,624 | 44.6% | 6.25% |
| PNC Bank | D | 5,582 | 28.0% | 7.41% |
| Manufacturers and Traders Trust | C | 5,497 | 32.0% | 5.99% |
| Pennymac Loan Services | C | 5,411 | 12.4% | 6.49% |
Frequently asked questions
Maryland: 408 applications in 2025, of which 308 were originated and 36 denied.
8.8% of all applications, or 10.5% of the applications it actually decided on. The Maryland statewide average across all lenders was 18.8%.
The median rate on loans APL Federal Credit Union originated in Maryland in 2025 was 7.50%, against a statewide median of 6.63%.
About this data. Figures are APL Federal Credit Union's own HMDA filing for properties located in Maryland, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology